Print Edition
September 2010 
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The Recovery Of Private Equity – A Series Of False Dawns? |
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Richard Burton and Joachim Englert, August 2010 |
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There has been much talk recently about a ‘two-speed’ European private equity market. At one extreme are the high quality assets which change hands at double digit multiples in ultra-competitive auctions – frequently with debt packages that appear to resemble a return to ‘normality’, if such a concept exists. Many of these are secondary or even tertiary buyouts, with corporate buyers reluctant to more...
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